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  • $5 worth of GM stock

    Thanks but no thanks. I am not interested in owning one eighteen thousandth or a per cent of GM stock.
    Posted to The Has-Been by david wayne osedach on June 23, 2009

  • Reliability & the Domestic Auto Industry

    Toyota took fifty years to achieve its late success in the industry. It took a discarded American statistician to show them how to get it done. Toyota understood variation and how to effectively manage it. (past tense on purpose) But, US manufacturers are not as bad as the Consumer Reports editorial board and other pundits have painted them. Why? ...
    Posted to Kausfiles by Chuckgf on June 13, 2009

  • Chrysler

    Let Scotus block the Chrysler to Fiat sale for good and they will not only be hurting Chrysler. They will be hurting the American taxpayer.
    Posted to Today's Papers by david wayne osedach on June 9, 2009

  • consumer confidence

    The average consumer is not quite as stupid as GM and Chrysler think!
    Posted to Politics by david wayne osedach on June 2, 2009

  • GM

    Sounds more like GM laughing itself silly into bankruptcy. How long will the bailout funds continue to pour in?
    Posted to Today's Papers by david wayne osedach on June 2, 2009

  • Is california too big?

    Is California too big to fail? Absolutely! They are more viable than the destitute automakers and should be bailed out!
    Posted to Today's Papers by david wayne osedach on May 21, 2009

  • Obama=President Trying to Save US Company from Bankruptcy

    Even taking all the allegations as true: So what? So what if the White House threatened to spin the story to the press in a way that would make an uncooperative company look bad for not voluntarily cooperating? Every time an administration gets involved in trade disputes of any kind, that is the implicit threat. The way administrations ...
    Posted to Kausfiles Special by Arkady on May 6, 2009

  • Re: Debacle?

    Two words the UAW does not understand: market and competition. Yeah, they took a little symbolic haircut (wages reduced from $29 to $28 an hour, holidays from 15 a year to 14, etc.) but no one's made any real sacrifice yet. Don't forget that laid off employees still get nearly full pay for up to 2 years while they wait for another opening. ...
    Posted to Kausfiles by etymologue on May 5, 2009

  • Re: Fight Among Bondholders

    That's all well and good -- except when one of the parties to the bankruptcy is a president who owes his office to one of the other parties, and who is willing to use public money and (allegedly) political threats to induce some of the other parties to go along with something that would not on its own be in their best interest. This is being done ...
    Posted to Moneybox by etymologue on May 5, 2009

  • Re: It seems to me ...

    Your ''seems to me'' is appreciated, but almost completely irrelevant. The pensions are a separate animal and will be dealt with accordingly. The main liability to the UAW in this deal is for post-retirement health care benefits, which are outside of the pension plan. The company structured them this way to avoid the funding requirements, and ...
    Posted to Moneybox by etymologue on May 5, 2009
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